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VERS and HIP II: More snake oil from PAP

21 August 2018

Singapore Democrats

PM Lee Hsien Loong's suggestion of the Voluntary Early Redevelopment Scheme (VERS) and Home Improvement Programme (HIP) II is clearly a panicked response than a well-thought out policy.

It is plain that Mr Lee is reacting to National Development Minister Lawrence Wong's bombshell admission that HDB flats will become worthless after their 99-year leases expire.

Mr Lee said that unde ... Read more »